Calgary real estate prospects

[max_boost]

Ahh it’s just money. Ez come ez go. Ain’t no thing. Everyone needs to hodl something.

[flipstah]

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Ahh it’s just money. Ez come ez go. Ain’t no thing. Everyone needs to hodl something.

Only ballers say that.

[Rocket1k78]

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HUGE buyers remorse coming out of Ontario as prices starting to drop....will it trickle into Alberta? More at 11!

Yeah im hearing this too, saw some threads on reddit of people asking the repercussions of just walking away and forfeiting the deposit lol
If you talk to an agent no we will never see that and the markets still crazy but i got a wicked magic 8 ball and its saying our prices are already dropping and will continue but we wont see the losses like to or van, shook it again and its saying 10-15% by end of year.

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Those who are able to cash out and rebuy at 1-200k less, major props lol

My good buddy just took this gamble and literally sold his house at the absolute peak, theyre all living with fam now and will probably buy later this year. I took a major gamble too with buying a house the week they closed the schools in 2020, best bet ever lol

[Xtrema]

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My good buddy just took this gamble and literally sold his house at the absolute peak, theyre all living with fam now and will probably buy later this year. I took a major gamble too with buying a house the week they closed the schools in 2020, best bet ever lol

So if market in Calgary doesn't adjust down (I don't think it will, not this year anyway), he just have to live with fam indefinitely?

[SJW]

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So if market in Calgary doesn't adjust down (I don't think it will, not this year anyway), he just have to live with fam indefinitely?

That's pretty neat.

[Xtrema]

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That's pretty neat.

Oh people who thing they can time/predict the market. Cousin played that game in HK in the 2000s and ended up to be around $500K CAD poorer.

[ExtraSlow]

Gambling with your family housing is always smart.

[suntan]

Ontarians deserve to suffer.

[Rocket1k78]

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So if market in Calgary doesn't adjust down (I don't think it will, not this year anyway), he just have to live with fam indefinitely?

I cant speak for all areas but the nw burbs where he lived and will be buying have definitely adjusted down and will continue im sure.

[88CRX]

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Those who are able to cash out and rebuy at 1-200k less, major props lol

Buy the dip!

[suntan]

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Buy the dip!

Thanks, bought 10.

[killramos]

It’s funny when you think you are winning the real estate game but dilutives are eating your lunch.